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Leasehold Fish & Chip Shop Business For Sale In Bradford

Bradford, West Yorkshire

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£20,000 +SAV

Ref: 1134

Leasehold

Overview

Hilton Smythe Commercial are please to be instructed to market, for sale, Medway Fisheries, Queensbury; a fantastic, well established business in a superb location. Our client has enjoyed prosperity over the 4 years the business has been under his control and only reluctantly offers the business for sale as he pursues other business interest.

Established over 60 years ago, Medway Fisheries provides high quality, traditional fish and chip shop style meals, from a very well designed and workable menu. Over the trading history the business has developed a truly enviable reputation amongst locals, and as such the business enjoys plenty of repeat and loyal trade.

There is great scope to expand the business and in turn increase revenue, primarily, the business would benefit from revised opening hours. Were advised that the business is currently being run to suite the needs of our client as opposed to the demands of the business, and could easily sustain extended frying times. Furthermore, the business may benefit from a small local marketing campaign or perhaps the use of social media to develop a cost effective web presence.

Turnover
The business has reported a healthy turnover of approximately £53,500 per year with good gross and net profits.

The business is currently owner run and managed, with the assistance of two members of staff one full time and one part time.

As previously discussed the business could be expanded upon with a review of the opening hours, currently the business is trading at a pace to suit the owner and missing out on vital trading time.

Currently the business trades:

Tuesday – Thursday 11:30 – 13:30 & 16:30 – 18:30
Friday 11.30 – 13.30 & 16.30 – 19.00
Saturday 11:30 – 13:30

Sunday & Monday - CLOSED

Medway Fisheries is located on a busy main road, on a bustling retail parade, in a picturesque and much sought after residential area of Queensbury, Bradford.

Queensbury is a large village forming part of the Metropolitan Borough of Bradford, approximately 8 miles west of larger city of Leeds and 16 miles north west of the city of Wakefield.

The business benefits from naturally high levels of footfall due to the complimentary neighbouring businesses being a real hub of the local community. Further the business lies adjacent to a busy bus stop and on a main bus route, increasing footfall moreover.

The business premises briefly comprises:

From the entrance on the retail parade, there is a good sized and well equipped customer sales area, with a 3 pan gas wall range, illuminated menu board, counter servery, cash register, 4 post baine marie, 2 refrigerators and one upright drinks cooler.

Leading through to a rear preparation kitchen with ample preparation space including stainless steel workbenches. The preparation room is well equipped with an electric chipper, rumbler and 2 x microwaves.

At the rear of the property there is a further kitchen with fully fitted base and wall units, with a chest freezer, counter refrigerator, 4 ring gas oven, 2 x microwave ovens and a spare rumbler.

Overall the premises are very well maintained and presented throughout.

To the front, the exterior of the business is well signed there is ample space for customer parking in front of the business and in the surrounding streets.

Tenure
Our client has recently negotiated a new 10 year lease which will commence on 27th December 2012.

Rent payable is £4750 per annum.

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